The United Arab Emirates recently drafted a resolution that would aim to regulate cryptocurrencies and provide clarity for any crypto initiatives moving forward. The Securities and Commodities Authority (SCA) has...

For years, China has been wary of cryptocurrency and has posed restrictions regarding anything involving Bitcoin. However, the country is interested in blockchain, the technology that underpins cryptocurrencies. Just...

LabCFTC, an initiative launched by the U.S. Commodity Futures Trading Commission (CFTC) to promote responsible fintech innovation, is being upgraded as an independent office, CoinDesk reported. Originally designed to be...

Facebook CEO Mark Zuckerberg faced members of Congress on Wednesday, October 23, on the social media giants plans to launch its own cryptocurrency. In her opening statement, the committees chairwoman, Rep. Maxine Waters...

As the crypto ecosystem thrives and proliferates, some of its biggest players have intersected with the traditional financial market, causing government agencies to closely monitor its development. Now, the Association of...

Ethereum has always struggled with its monetary identity and establishing itself as a veritable form of payment in the eyes of institutional investors. As such, the cryptocurrency has found it difficult to land success in...

The United States Securities and Exchange Commission (SEC) is seeking comments on an exchange-traded fund (ETF) proposal based on bitcoin and Treasury bonds. On October 04, Wilshire Phoenix and NYSE Arca filed an...

Digital asset management fund Grayscale Investment has secured regulatory approval from the U.S. Financial Industry Regulatory Authority (FINRA) to publicly quote the shares of its diversified cryptocurrency fund. The...

The U.S. Internal Revenue Services (IRS) has added a question about cryptocurrencies in its updated 1040 income tax form for the coming tax season. As per a draft of the Additional Income and Adjustments to Income...

The Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FinCEN), and the Commodity Futures Trading Commission (CFTC) have issued a three-party joint statement on cryptocurrency. The rare...